Indicators: AdaptiveRVI

 

AdaptiveRVI:

AdaptiveRVI is the Relative Vigor Index oscillator that adapts to the constantly changing marker cycles of a real financial asset.

Conventional oscillators require constant adjustment of the averaging period for the current market conditions. In this indicator, the period id adjusted automatically. This is done through the use of the additional CyclePeriod indicator, which calculates the indicator averaging period for the current market state.

Fig.1. The AdaptiveRVI and AdaptiveRVICloud indicators

Fig.1. The AdaptiveRVI and AdaptiveRVICloud indicators

Author: Nikolay Kositsin